Shining 3D plan to consolidate the advantage of 3D printing technology
China Securities Journal reported that the first round of inquiries of the Shanghai Stock Exchange about Shining 3D is completed. Shining 3D answers the questions about the losses of their main subsidiaries. The company plans to raise 814 million RMB at STAR Market, which mainly invest for high-end manufacturing, intelligent dental, customized consumption, intelligent software and 3D digital algorithms and 3D printing technology and strengthen the company's existing applications. In 2017 and 2018, the company's net profit attributable to the parent company after deducting non-recurring gains and losses is negative.
About Shining 3D Tech Co.,Ltd
Shining 3D is a high-tech enterprise with China National Torch Plan, professional in providing integrated solutions for 3D digitizing technology. Shining 3D focuses on the 3D digitizing and 3D printing technology, from high precision 3D digitizing (3D scanning), 3D modeling and inspection (reverse design, 3D inspection) to 3D Printing and rapid manufacturing (3D data output). The company's 3D digitizing integrated solutions have been successfully applied in many industries such as automobile manufacturing, aerospace, mold manufacturing, electronics, consumer goods, dental, orthopedic, ancient artifacts, sculpture, architecture, energy, research, education, featuring lower product development and manufacturing cost, shorter lead time, better product and service quality. The revenue of Shining 3D in 2018 is 400.5 million RMB and has 917 employees at the end of 2018.